https://www.taxtmi.com/caselaws?id=753522 CESTAT Kolkata held that appellant correctly calculated service tax liability under Works Contract Composition Scheme. For contracts executed prior to 07.07.2009, value of goods supplied under Contract I cannot be included in determining gross amount for service tax on Contract II works, per CBEC Circular No.150/1/2012-ST. Appellant properly discharged service tax liability on actual works contract value. Proceedings against appellant unsustainable, penalty not imposable. Demand set aside, appeal allowed. en-us Mon, 06 May 2024 00:00:00 +0530 Wed, 05 Jun 2024 08:14:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753522 CESTAT Kolkata held that appellant correctly calculated service tax liability under Works Contract Composition Scheme. For contracts executed prior to 07.07.2009, value of goods supplied under Contract I cannot be included in determining gross amount for service tax on Contract II works, per CBEC Circular No.150/1/2012-ST. Appellant properly discharged service tax liability on actual works contract value. Proceedings against appellant unsustainable, penalty not imposable. Demand set aside, appeal allowed. Case-Laws Service Tax Mon, 06 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753522